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By Aberdeen (registered) | Posted April 27, 2011 at 01:22:51 in reply to Comment 62759
I agree with you LandLorder, particularly in the second to last paragraph which talks about rewarding people breaking the law/inspections not completed, etc.
To re-quote the original article: "Landowners who try to convert these properties legally face a huge list of red tape, codes and time constraints. That is not to mention the costs. It is for this reason many of these conversions are illegal. Blame shouldn't be placed on the owners of these places for working outside the law." ...I completely disagree with this. As I mentioned in a post above, it's not always correct to automatically assume an inpenetrable wall of red tape but yes, there is a process one has to follow and yes, that does take time and money that may cut a bit into your investment. I do think blame should be placed on those working outside the law. For every investor like those in this forum that say they've tried to do things legally and been frustrated (which I partly sympathise with), there are probably 10 that never made more than a token effort to figure out the rules and ended up just goin' for it, or either really didn't give a damn about anything beyond profit in the first place.
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